Requires the public service commission to develop a formula for the calculation of a residential water cost index; requires each water-works corporation and municipal water system serving one thousand customers or more to calculate and submit to the public service commission its residential water cost index; requires the public service commission to publish a report on the residential water cost index of each applicable water-works corporation and municipal water system.
Requires the public service commission to develop a formula for the calculation of a residential water cost index; requires each water-works corporation and municipal water system serving one thousand customers or more to calculate and submit to the public service commission its residential water cost index; requires the public service commission to publish a report on the residential water cost index of each applicable water-works corporation and municipal water system.
Requires the public service commission to develop a formula for the calculation of a residential water cost index; requires each water-works corporation and municipal water system serving one thousand customers or more to calculate and submit to the public service commission its residential water cost index; requires the public service commission to publish a report on the residential water cost index of each applicable water-works corporation and municipal water system.
Directs the department of public service to prepare a written report on the affordability of water services for commercial and residential customers within 180 days of effectiveness; requires an updated report to be submitted one year after the initial report.
Requires the public service commission to retain an independent auditor to conduct audits of private water utility companies prior to and after rate changes are approved by the public service commission.
Requires that internet providers who provide service in a municipality provide basic internet service to each residential dwelling or residential dwelling unit in that municipality at no cost.
Requires electric corporations, gas corporations, steam corporations and water-works corporations to adopt the common equity ratio and rate of return on equity authorized by the public service commission unless such utility can successfully demonstrate that such authorized rates do not meet their capital and/or operating needs.
Requires electric corporations, gas corporations, steam corporations and water-works corporations to adopt the common equity ratio and rate of return on equity authorized by the public service commission unless such utility can successfully demonstrate that such authorized rates do not meet their capital and/or operating needs.
Provides that every customer of a water-works corporation, at no penalty, fee or service charge to decline the permission of the water-works corporation to replace an existing meter at such customer's premises that is assigned to such customer's account.